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26 Berkeley J. Int'l L. 452 (2008)
Corporate Governance as Social Responsibility: A Research Agenda

handle is hein.journals/berkjintlw26 and id is 456 raw text is: Corporate Governance as Social
Responsibility:
A Research Agenda
By
Amiram Gill*
In the post-Enron years, corporate governance has shifted from its tradi-
tional focus on agency conflicts to address issues of ethics, accountability,
transparency, and disclosure. Moreover, corporate social responsibility (CSR)
has increasingly focused on corporate governance as a vehicle for incorporat-
ing social and environmental concerns into the business decision-making proc-
ess, benefiting not only financial investors but also employees, consumers, and
communities. Currently, corporate governance is being linked more and more
with business practices and public policies that are stakeholder-friendly. This
Article examines these developments and their impact on the formulation of a
transnational body of legal norms by proceeding in three stages. First, the Arti-
cle explores the recent transformations in the regulation of corporate govern-
ance and CSR and the shifts these two fields have experienced. Second, it reads
these transformations as a convergence, taking place against the background of
New Governance and encompassing both corporate self-regulation and ef-
forts by social groups to make this regulation more effective (meta-
regulation'). Third, the Article discusses the prospects and challenges of this
convergence by outlining a series of conceptual and methodological inquiries as
well as policy ramifications to be pursued by scholars and practitioners in the
fields of law and corporate conduct.

. J.S.D. Candidate, J.S.M, 2006, Stanford University; LL.B, 2004, Tel Aviv University. I am grate-
ful to Eli Bukspan, Guy Davidov, Cynthia Estlund, David Millon, Lawrence Mithcell, Alison
Morantz, Noam Peleg, Frances Raday, Anat Rodnizky, Ofer Sitbon, Omri Yadlin, and the partici-
pants at the Stanford Law School JSD Research Colloquium for their comments on earlier drafts.

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